HARD HITTING BANKING COMMISSION CALLED IN AGAIN TO STOP VICIOUS MERRILL LYNCH AGAISNT KE(I)SHA RONA

OFLONDON WELL AFER SHE CHANGED NAME OFFICALLY TO CASSANDRA R JAMESON

Bank of America’s Takeover of Merrill Lynch

Bank of America agreed to pay $2.43 billion to settle a class-action lawsuit with investors who owned or bought its shares when the bank purchased Merrill Lynch in 2008. Bank of America acquired Merrill Lynch in late 2008 during the financial crisis. The $50 billion deal came as Merrill Lynch was within days of collapse, effectively rescuing it from bankruptcy. This settlement ended a three-year fight with a group of five plaintiffs, including the State Teachers Retirement System of Ohio and the Teacher Retirement System of Texas. They accused the bank and its officers of making false or misleading statements about the health of Bank of America and Merrill Lynch and were planning to seek $20 billion if the case went to trial. Bank of America denied these allegations and agreed to pay the settlement as a way of eliminating extended litigation. The Players:

NOW ER'RE 2002

SEE HERE